With signs of loan growth picking up in the Indian banking sector, investors are looking for guidance on potential winners. Market expert Sandip Sabharwal shared his views on banks, infrastructure, hospitality and IPOs with ET Now. Banking Picks: ICICI, Axis, Kotak LeadOn bank stocks, Sabharwal said, “Among large banks, we own ICICI, Axis, and some … Read more
In a recent interview with ET Now, Rajat Sharma, Founder & CEO, Sana Securities shared his outlook on sectors that could drive the next market rally, the emerging strength in consumption, and why he’s cautious about autos and mutual fund companies despite the broader optimism. When asked which sectors could outperform over the next 12 … Read more
The market narrative is increasingly shifting towards select pockets of growth within banking, consumption, and healthcare, says Shibani Sircar Kurian, Senior Fund Manager and Head – Equity Research at Kotak Mahindra Asset Management Company. In an exclusive interaction with ET Now, Kurian outlines her perspective on PSU banks, NBFCs, discretionary consumption, and emerging opportunities in … Read more
Indian equities posted modest gains in Samvat 2081 after a strong rally in the previous year, which took the markets to new highs in September 2024. Since then, volatility returned as high valuations, mixed corporate results, and global uncertainty — including the impact of Trump’s tariff moves — led to foreign investor selling. However, steady … Read more
In an exclusive conversation with ET Now, Parag Thakkar, from Fort Capital shared his perspective on Tata Consultancy Services’ (TCS) latest quarterly results, the company’s strategic shift towards AI and data centre investments, and his bullish stance on the metals and banking sectors. “We have 2.5% weight in TCS and we are not going to … Read more
“If you strip out the earnings growth coming from some PSU banks, a large number of NBFCs and private sector banks have clearly disappointed. My understanding is that this industry is becoming highly competitive—a “red ocean”—making it very difficult for banks to sustain the kind of growth rates we were used to four or five … Read more
“That’s a positive sign as we look ahead, because the so-called slowdown in the economy may not be as severe as many had feared. This could mean that as we move into the second half of the year, the worst of the downgrade cycle may be behind us, and we might even start to see … Read more
Axis Bank tightened its asset classification and income recognition norms, signalling a more conservative credit approach that appears to have dented the lender’s June-quarter profitability. An unexpected bottom-line shrinkage caused the stock to slump more than 5% Friday, forcing a retreat of the Nifty on which Axis Bank has the third-biggest weighting among private lenders. … Read more
“If we look at Nifty and what appears to be now kind of weighing on the market after the rally is that you have an upcoming results season wherein the expectations might be or the actual results may be somewhat more sober compared to what the market may have actually priced in. So, there is … Read more
Making adjustments to its model portfolio, domestic brokerage firm Kotak Institutional Equities has increased the weight of InterGlobe Aviation (INDIGO) by 100 basis points to 250 basis points and Pidilite Industries (PIDI) by 40 basis points to 190 basis points. Meanwhile, Dabur witnessed a decrease in the weightage. According to the domestic brokerage firm, both … Read more